The Supplier of the Year Award is presented to the supplier that has demonstrated excellence in understanding Cisco’s culture, strategy, and procurement governance and operating model. Accenture was recognized for exceeding Cisco’s performance expectations in areas including development and implementation of cost-saving programs.

”Cisco celebrates the shared successes of its global value chain with strategic suppliers and service providers,” said Rob Falivene, vice president and chief procurement officer of Cisco. “Over the past year, Accenture has been highly committed to helping Cisco accelerate its transformation efforts by implementing efficiency, cost reduction and revenue growth projects.”

“Accenture is extremely proud to have been singled out by Cisco with its Supplier of the Year Award,” said Anthony Scolini, senior managing director and client account lead, Accenture. “This award reflects how well the two companies have collaborated to achieve tangible business outcomes.”

At Cisco’s annual event, 70 suppliers received nominations in recognition of their contributions to Cisco’s success during Fiscal Year 2012 for the following award categories: Partnership, Quality, Innovation and Supplier of the Year.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with approximately 259,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is http://www.accenture.com.